Bird in Hand Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04472993 (England and Wales)

Financial Statements

for the Year Ended 31 March 2024

for

Bird in Hand Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D G Steward

Mrs C B Steward

SECRETARY:

Mrs C B Steward

REGISTERED OFFICE:

Boston House

Henley-on-Thames

RG9 1DY

REGISTERED NUMBER:

04472993 (England and Wales)

ACCOUNTANTS:

Villars Hayward LLP

Chartered Accountants

Chartered Tax Advisers and Registered Auditors

Boston House

Henley-On-Thames

RG9 1DY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,200

-

2,200

-

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

6

732

671

Cash at bank and in hand

107,569

99,411

113,301

105,082

CREDITORS

Amounts falling due within one year

7

77,686

72,994

NET CURRENT ASSETS

35,615

32,088

TOTAL ASSETS LESS CURRENT LIABILITIES

37,815

32,088

CAPITAL AND RESERVES

Called up share capital

3

2

Retained earnings

37,812

32,086

SHAREHOLDERS' FUNDS

37,815

32,088

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2024 and were signed on its behalf by:

D G Steward - Director

Mrs C B Steward - Director

1.	STATUTORY INFORMATION

Bird in Hand Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2023

and 31 March 2024

61,600

AMORTISATION

At 1 April 2023

and 31 March 2024

61,600

NET BOOK VALUE

At 31 March 2024

-

At 31 March 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2023

6,206

2,147

8,353

Additions

2,228

-

2,228

At 31 March 2024

8,434

2,147

10,581

DEPRECIATION

At 1 April 2023

6,206

2,147

8,353

Charge for year

28

-

28

At 31 March 2024

6,234

2,147

8,381

NET BOOK VALUE

At 31 March 2024

2,200

-

2,200

At 31 March 2023

-

-

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

£

£

Other debtors

732

671

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

£

£

Trade creditors

4,949

4,567

Credit card

1,995

905

Corporation tax

18,163

15,082

Social security and other taxes

1,616

1,698

VAT

4,863

5,477

Directors' current accounts

43,240

41,710

Accrued expenses

2,860

3,555

77,686

72,994

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr and Mrs D G Steward.